Tag: deposits

If you’ve purchased a home in the past few years, you’ve probably noticed that the mortgage underwriting process has become more robust and detailed compared to the early 2000’s. Making sure you dot all your i’s and cross all your t’s is an important part of making sure your mortgage application moves through the underwriting and approval process smoothly. So, it’s important to understand what underwriters are really looking at when they review your application. They are trained to spot financial mismanagement, and they are very detailed when it comes to reviewing your finances before approving or denying you for a home loan. Continue reading “Mortgage Underwriters – What they do and how they review your application”